Bücher von Tsung-Pao Wu

Dive into the intricate interplay between global economic policy uncertainty and the consequential impact on regional tourism in this groundbreaking work. Authored by a distinguished scholar in the field, this book employs advanced three-dimensional wavelet analysis to unravel the complexities of these relationships. Through meticulous research and innovative methodology, the author uncovers hidden patterns and nuanced dynamics that shape the ebb and flow of regional tourism in the face of fluctuating global economic policies.Readers will embark on a journey through the intersections of economic uncertainty and tourism degrowth, gaining insights into the underlying mechanisms that influence regional tourism trends. The book not only presents a comprehensive analysis of the current landscape but also offers valuable projections for the future, providing policymakers, scholars, and industry professionals with a roadmap to navigate the challenges and opportunities ahead.As a renowned expert in the field, the author brings unparalleled expertise and a fresh perspective to this crucial discourse.

What are the influences of international tourism receipts on economic development? How are international tourism receipts related to economic development? In this book, we stress that previous studies have focused on one or few regions. In this work, we employ a bootstrap panel Granger causality test to examine the causal relationship between international tourism receipts and economic growth in Chinäs 31 major regions for the period from 1995 to 2015, accounting for both dependency and heterogeneity across regions. The results support evidence for the growth hypothesis in the regions, such as Anhui, Henan, Jiangxi, Jilin, Fujian, Jiangsu, Shandong, Tianjin, Chognqing, Inner Mongolia, Qinghai, Tibet and Yunnan. A reverse relationship supports evidence on the conservation hypothesis for the regions, such as Hubei and Hunan. A reciprocal causal relationship was found in Hebei and Shannxi, while the result of a neutrality hypothesis supported 14 of these 31 major regions. The empirical findings of this study provide important policy implications for Chinäs 31 major regions.